Category: Uncategorized

The leading Romanian electro-IT retailer Altex, with online and physical operations, announced it invested EUR 15 million in what it claims to be “the largest tech store” in the country. “The Altex Bucharest-Nord store offers its customers access to state-of-the-art technology at affordable prices and complete solutions for a comfortable lifestyle. Thus, we strengthen our…

Romania’s National Company for Road Infrastructure Administration (CNAIR) has announced plans to equip highways A1, A2, and A3, as well as national road DN1 with surveillance cameras, with the investment valued at RON 220 million (EUR 44.2 million) excluding VAT. The cameras will allow authorities to penalize drivers who exceed speed limits and detect other…

Accor, a global leader in hospitality, proudly announces the opening of Swissôtel Poiana Brașov, introducing the Swissôtel brand to Romania for the first time. Located in the heart of Poiana Brașov, Romania’s most popular ski resort, the hotel is surrounded by the lush landscapes of the Postăvarul Massif, making it an ideal escape for skiers,…

Romanian MEP Siegfried Mureșan (EPP/PNL) has been appointed by the political groups of the European Parliament as the chief negotiator for the future Multiannual Financial Framework (MFF) of the European Union post-2027.  Mureșan, who was chief negotiator for the EUR 800 billion European Recovery and Resilience Mechanism and the 2018 and 2024 EU annual budgets,…

Romanian prime minister Marcel Ciolacu had a meeting with Israeli counterpart Benjamin Netanyahu in Jerusalem on Thursday, September 5. During the meeting, Ciolacu highlighted the importance of peace in the Middle East. The Romanian and Israeli prime ministers discussed economic cooperation projects, focusing on the defense industry, tourism, and Romania’s agri-food exports. “We have dynamic…

Romania is failing to capitalize on strong positive private consumption and investments because of rising imports, which weigh visibly on economic growth, ING Bank analysts wrote in a note as they lowered their 2024 growth forecast from 2.0% to 1.3% on Friday, September 6. The detailed economic growth data for the second quarter, released by…

Romania’s gross domestic product (GDP) increased by 0.8% in the second quarter of 2024 compared with the same quarter of last year, based on both unadjusted data series and seasonally adjusted data series, the National Statistics Office (INS) announced on Friday, September 6. For the first half of 2024, Romania’s GDP recorded an annual growth…

The parking lot in front of the Departures terminal at Bucharest’s “Henri Coandă” International Airport will be closed starting Monday, September 9, due to construction work on the future “Otopeni Airport” subway station. Passengers wishing to park as close as possible to the Departures terminal will need to use the parking lot located in the…

Classix Festival will return in the eastern Romania city of Iași in 2025, from February 23 to March 2. This year’s edition had a program of 8 concerts in Iași and one in Bucharest, plus exhibitions, panels, guided tours, or masterclass sessions. A limited number of tickets were put up for sale on the festival’s…

Floria, a reference brand in Romania’s floristry market, capitalizes on trends and consumer behavior that mark the start of the school year by offering a diverse range of bouquets and floral arrangements in all its stores. The focus is on a creative mix of well-known flowers traditionally chosen by the Romanian public—such as roses, chrysanthemums,…